O.C.G.A.

O.C.G.A. § 36-82-28 (2019)

Effect of judgment of validation upon failure to file petition

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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Where proceedings are had as provided in Code Section 36-82-27 and result in a judgment validating the bonds, the bonds shall be held and deemed to be as fully and completely validated to all intents and purposes as though the proceedings had been had originally as provided by law and the judgment of validation shall be finally and completely conclusive in like manner as is now provided by Code Section 36-82-25.

History

Ga. L. 1920, p. 110, § 2; Code 1933, § 87-309.

Annotations

RESEARCH REFERENCES Am. Jur. 2d. - 64 Am. Jur. 2d, Public Securities and Obligations, § 373 et seq. ALR. - Estoppel to deny validity of

municipal bonds issued under an unconstitutional statute, 37 A.L.R. 1310.

PART 2 VALIDATION BY HOLDER OF BONDS ISSUED BY COUNTIES OR MUNICIPALITIES SUBSEQUENT TO ADOPTION OF CONSTITUTION OF 1877 RESEARCH REFERENCES ALR. - Estoppel of municipal corporation or other political subdivision by recitals in its bonds to dispute their validity as

affected by the character of the owner of bonds as an original holder or a transferee, 86 A.L.R. 1129.